Fund of Information

The Battle for Alternative Mutual Funds

Noted investment manager KKR caused a bit of a stir earlier this month when it announced it will close two of its entrants into the mutual fund arena.

It's not that the funds themselves were so notable. In fact, they're about to be shuttered because they failed to get any traction in the year they were open. But it speaks to the difficulty of the ongoing quest to incorporate alternative investment strategies into a mutual fund...